Image Source: The Hans India
India’s markets regulator Securities and Exchange Board of India (SEBI) has launched a fully integrated Digital Signature Certificate (DSC) feature within its Common Application Form (CAF) portal, allowing foreign portfolio investors (FPIs) to apply for and obtain DSCs during registration in one digital workflow. This simplifies onboarding and speeds up FPI access to Indian markets.
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The Securities and Exchange Board of India (SEBI) has taken a significant step in digitising the onboarding process for foreign portfolio investors (FPIs). By embedding Digital Signature Certificate (DSC) functionality into the CAF registration portal, SEBI aims to make market entry more efficient for overseas investors.
Key Highlights
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SEBI’s new DSC feature is now live on the CAF portal, enabling FPIs to apply for digital signatures directly while submitting registration documents, removing the need for a separate application process.
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This integration consolidates two previously distinct steps — FPI registration and DSC application — into a single end-to-end digital workflow, significantly cutting procedural complexity for applicants.
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The enhancement is expected to accelerate onboarding timelines and lower operational friction, particularly benefiting first-time foreign investors seeking access to Indian capital markets.
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SEBI has also made detailed process flows and FAQs available on the India Market Access Portal to guide market participants in using the new functionality.
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The move follows SEBI’s earlier decision in 2023 permitting FPIs to use digital signatures for executing CAF and other registration documents, now taken further with integrated issuance capability.
Source: Press Trust of India via The Week, Moneycontrol News.
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